UPDATE 1-BOK member Suh: Some rate differences with U.S. 'endurable'

(Adds quote, more remarks) SEOUL, Feb 7 (Reuters) - A Bank of Korea policy board member said on Tuesday she believes the South Korean economy would be able to endure interest-rate differences with the United States to some extent. "I think capital flows won't change sensitively even if the (rate) differences widen a little bit," Suh Young-kyung said,
when asked at a scheduled event what would happen if rate differences widened further with the United States.

She also said South Korea's monetary policy would be in a tightening mode even if the central bank keeps the policy interest rate unchanged in the coming months.

The Bank of Korea last raised its policy interest rate by 25 basis points on Jan. 13 and next meets on Feb. 23. The bank has
raised the rate by 325 basis points in 10 steps since late 2021. (Reporting by Jihoon Lee; Writing by Choonsik Yoo; Editing by Christopher Cushing and Tom Hogue)

Reuters

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

off-the-wire

UPDATE 1-BOK member Suh: Some rate differences with U.S. 'endurable'

By Reuters

Reuters

Reuters

Gold is never going back to $2,000: 'That's history,' prices to 3x from here – Peter Schiff

‘Biggest economic shift since Nixon’: Major U.S. monetary policy changes coming in 12-36 months – Jack Mallers

India joins South Africa in denying BRICS currency plans after Trump’s 100% tariff threat

Solid price gains for gold, silver after busy news weekend

Bitcoin remains a ‘speculative vehicle’ and ‘won’t work’ as a reserve: ‘I prefer gold’ – Ray Dalio

off-the-wire

UPDATE 1-BOK member Suh: Some rate differences with U.S. &apos;endurable&apos;

By Reuters

Reuters

Reuters

UPDATE 1-BOK member Suh: Some rate differences with U.S. 'endurable'